Capita (CPI) Shares Up 0%

Shares of Capita PLC (LON:CPI) shot up 0% during trading on Friday . The stock traded as high as GBX 420.60 ($5.70) and last traded at GBX 420.60 ($5.70). 3,091,271 shares traded hands during trading, an increase of 14% from the average session volume of 2,710,000 shares. The stock had previously closed at GBX 420.60 ($5.70).

Several brokerages have recently commented on CPI. Credit Suisse Group reduced their price objective on shares of Capita from GBX 550 ($7.46) to GBX 455 ($6.17) and set a “neutral” rating for the company in a research report on Wednesday, January 3rd. Deutsche Bank reduced their price objective on shares of Capita from GBX 580 ($7.87) to GBX 450 ($6.10) and set a “hold” rating for the company in a research report on Friday, December 22nd. Peel Hunt reduced their price objective on shares of Capita from GBX 562 ($7.62) to GBX 423 ($5.74) and set a “hold” rating for the company in a research report on Wednesday, December 20th. Numis Securities reaffirmed a “buy” rating and set a GBX 565 ($7.66) price objective on shares of Capita in a research report on Friday, December 15th. Finally, Shore Capital reaffirmed a “sell” rating on shares of Capita in a research report on Thursday, December 14th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. Capita has a consensus rating of “Hold” and a consensus target price of GBX 543.08 ($7.36).

The stock has a market cap of $2,670.00 and a PE ratio of 42,060.00.

TRADEMARK VIOLATION WARNING: This story was first reported by The Lincolnian Online and is owned by of The Lincolnian Online. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The legal version of this story can be viewed at https://www.thelincolnianonline.com/2018/01/14/capita-cpi-shares-up-0.html.

About Capita

Capita PLC is a United Kingdom-based company, which creates and delivers services in business process management. The Company’s segments include Digital & Software Solutions, Integrated Services, Local Government, Property & Health, Workplace Services, IT Enterprise Services, Customer Management, Capita Europe and Insurance & Benefits Services.

Receive News & Ratings for Capita Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capita and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply